M&A Deal Summary |
|
|---|---|
| Date | 2020-12-24 |
| Target | Vibe Syndicate Management |
| Sector | Insurance |
| Buyer(s) | R&Q |
| Sellers(s) | Pine Brook Partners |
| Deal Type | Add-on Acquisition |
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R&Q is a service provider and acquirer of solvent insurance companies in run-off. R&Q was founded in 1991 and is based in Hamilton, Bermuda.
| DEAL STATS | # |
|---|---|
| Overall | 26 of 27 |
| Sector: Insurance M&A | 26 of 27 |
| Type: Add-on Acquisition M&A Deals | 16 of 16 |
| Country: Puerto Rico M&A | 1 of 1 |
| Year: 2020 M&A | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-23 |
Marillac Insurance Co.
Cayman Islands Marillac Insurance Co. captive insurer that provides workers compensation, professional and general liability coverage to its parent, affiliates, and employees. |
Buy | $2M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-19 |
Electric Insurance Ireland DAC
Ireland Electric Insurance Ireland DAC is a provider of underwriting insurance, such as insuring bank deposits and shares in savings and loan associations. Electric Insurance Ireland DAC was founded in 2005 and is based in Dublin, Ireland. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Focused |
Pine Brook Road Partners is a private equity group focused on growth capital investments in the energy and financial services sectors. Specific areas of interest within the energy sector include exploration, oilfield services, transportation/storage, power generation/distribution/transmission, and biofuel/renewable resources. Specific areas of interest within financial services include insurance, banks, asset management, specialty finance, and servicing/distribution/origination. Pine Brook generally acts as the lead/control investor in newly-formed or established businesses. The Firm has a special interest in 'underappreciated or overlooked' opportunities. Pine Brook Road Partners was formed in 2006 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 27 |
| Sector: Insurance M&A | 5 of 7 |
| Type: Add-on Acquisition M&A Deals | 8 of 13 |
| Country: Puerto Rico M&A | 1 of 1 |
| Year: 2020 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-08 |
Global Atlantic Financial Group
New York, New York, United States Global Atlantic Financial Group is a multiline insurance and reinsurance company that serves more than two million policyholders through its retirement and life insurance products. Global Atlantic was formed in 2004 and is based in New York, New York. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-20 |
Talcott Resolution
Windsor, Connecticut, United States Talcott Resolution is an insurance company with capabilities including extensive life insurance and annuity product knowledge and rigorous risk and liability management. Talcott's primary blocks of business are variable annuities, fixed annuities, structured settlements, and corporate-owned life insurance. Talcott Resolution is based in Windsor, Connecticut. |
Sell | $2.3B |
